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Business

September, 2021

  • 20 September

    Customer service boosting financial gains – UBA GMD

    The Group Managing Director/Chief Executive Officer, United Bank for Africa Plc, Kennedy Uzoka, has said that the bank recorded significant improvement in its operational and financial performance as a result of its unending commitment towards delivering products and services aimed at meeting customers’ demands. A statement on Sunday said that Uzoka said this during the investors/analysts conference call at the ...

  • 20 September

    First Bank expands IMTOs to boost diaspora remittances

    First Bank of Nigeria Limited says it has increased its network of International Money Transfer Operators to ease the accessibility of its customers to receive money from close to 100 countries across the world in a safe and secured manner. A statement on Sunday from the bank said that this was necessary to expand diaspora remittance inflow into the country. ...

  • 18 September

    Buhari attends UN GENERAL ASSEMBLY in New York..

    President Muhammadu Buhari will depart Abuja Sunday for New York, United States of America, to participate in the 76th Session of the United Nations General Assembly (UNGA76). Femi AdesinaSpecial Adviser to the President(Media & Publicity) said this today,September 18, 2021 The session opened on Tuesday, September 14. The theme for this year’s UNGA is, “Building Resilience Through Hope – To ...

  • 15 September

    FG to auction N150bn bonds in September

    The Debt Management Office on Tuesday disclosed that the Federal Government would offer N150bn bonds for subscription in September. A circular by the DMO on its website showed that the breakdown of bonds comprised of three bonds worth N50bn each. They are 10-year re-opening bond to be offered at the rate of 13.98 per cent and to mature in February ...

  • 15 September

    SANWO-OLU appoints new LASTMA GM

    Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has approved the appointment of Mr. Bolaji Oreagba as new General Manager of the Lagos State Traffic Management Authority (LASTMA). A statement signed by the Lagos State Head of Service, Mr. Hakeem Muri-Okunola, noted that the appointment of Mr. Oreagba is geared towards the continued efficient and effective traffic management on Lagos roads ...

  • 15 September

    Heritage Bank, others give N15.5b equipment to Julius Berger

    Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider and seven other banks have provided a total of N15.5billion to assist SCOA Nigeria Plc for the importation and supply of MAN Platform Trucks and equipment to Julius Berger Nigeria for construction of 380km Abuja-Kaduna-Kano roads and many others across the country. Specifically, Heritage Bank availed SCOA Motors an Advance Payment ...

  • 14 September

    Naira helplessly falls, now N550 to a dollar

    The Nigerian naira has further dipped in the parallel market as it now sells for a whopping N550 against the dollar, according to Aboki FX, a popular forex trading platform. The naira, which sold at N548/$1 Monday morning, now sells at N550/$1 in the evening of the same day. The local currency has continued to depreciate, despite efforts by the ...

  • 13 September

    Showbiz guru, Ola Ibironke a.k.a Dudu Heritage is dead !

    Ola Ibironke, popular music promoter and Captain of Ibadan Golf Club (IGC), is dead. Popularly called ‘Dudu Heritage, Ibironke reportedly died suddenly on Sunday night in Ibadan. The cause of death is not known, but reports said he slumped at home. Efforts to revive him failed. He was confirmed dead in hospital He was last seen in a trending video ...

  • 12 September

    Create Federal Ministry of Fulani Herdsmen now – Gumi tells Buhari

    The Scholar Islamic cleric, Sheikh Ahmad Gumi, on Friday, has called President Muhammadu Buhari to create a federal ministry of Fulani herdsmen to address the grievances of bandits and killer herders terrorising the country.Mr Gumi, a self-appointed intermediary in the ongoing crises of banditry and killer herdsmen, said in a Facebook post on Friday that bandits should be rehabilitated like ...

  • 12 September

    No plan to convert domiciliary accounts into naira —CBN

    The Central Bank of Nigeria has assured members of the public that it didn’t issue a directive to convert the foreign exchange in the domiciliary accounts of customers into naira, as falsely purported on social media. In a circular issued on Saturday, the apex bank said that it would never contemplate such line of action, adding that the speculation is ...